GAIL (India) quarterly results and financials

GAIL (India) (GAIL)₹188.00+1.78%(9 Nov 2026 close)Gas Transmission/Marketing

Key facts

In the Sep 2026 quarter (consolidated), GAIL (India) reported sales of ₹47,095 Cr, up 32.5% from Sep 2025, and net profit of ₹4,714 Cr, up 137.4% year on year. For the year to Mar 2026, sales were ₹1.41 L Cr and net profit ₹7,562 Cr.

Sales (Sep 2026): ₹47,095 Cr
Net profit (Sep 2026): ₹4,714 Cr
Sales (FY Mar 2026): ₹1.41 L Cr
Net profit (FY Mar 2026): ₹7,562 Cr
EPS (Sep 2026): ₹7.19
Borrowings (Mar 2026): ₹24,914 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

GAIL (India) quarterly results

₹ crore unless stated; each column is a quarter.

GAIL (India) Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	34,651	32,738	34,707	33,861	36,806	36,427	35,268	35,532	35,176	35,539	41,175	47,095
Expenses	30,407	28,855	29,876	29,861	33,601	32,826	31,566	32,003	32,165	34,058	34,026	40,040
Operating Profit	4,205	3,843	4,787	3,935	3,166	3,525	3,667	3,458	2,924	1,452	7,093	6,979
OPM %	11.9%	11.9%	13.9%	11.9%	8.9%	9.9%	9.9%	10.0%	8.0%	4.1%	16.9%	14.9%
Other Income	913	649	683	641	3,199	672	564	514	680	1,247	474	443
Interest	175	159	208	187	168	173	212	233	253	262	318	322
Depreciation	872	1,241	1,151	921	939	786	992	1,175	1,192	473	986	1,013
Profit before tax	4,063	3,091	4,101	3,463	5,259	3,234	3,022	2,559	2,159	1,963	6,249	6,089
Tax %	22.1%	20.1%	23.1%	22.1%	23.1%	23.1%	21.1%	22.1%	20.1%	25.1%	25.1%	23.1%
Exceptional items	0.00	0.00	0.00	0.00	1,882	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	3,186	2,468	3,176	2,682	4,076	2,499	2,375	1,985	1,725	1,477	4,662	4,714
EPS (Rs)	4.87	3.76	4.85	4.11	6.22	3.80	3.61	3.01	2.68	2.27	7.11	7.19

GAIL (India) profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

GAIL (India) Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	52,007	48,488	54,476	76,110	72,478	57,329	92,766	1,45,630	1,33,154	1,41,853	1,41,448	1,58,985
Expenses	47,377	42,453	46,598	66,115	63,299	50,034	77,400	1,37,832	1,18,697	1,26,152	1,29,849	1,40,288
Operating Profit	4,529	6,014	7,799	9,928	9,018	7,237	15,156	7,490	14,291	15,409	11,494	18,448
OPM %	8.9%	11.9%	13.9%	13.0%	11.9%	12.9%	16.0%	5.0%	10.9%	10.9%	7.9%	11.6%
Other Income	729	1,208	944	1,714	3,784	2,824	2,916	2,813	2,662	5,208	3,015	2,844
Interest	820	508	294	159	308	178	201	364	717	738	961	1,156
Depreciation	1,494	1,540	1,525	1,665	2,077	2,174	2,417	2,699	3,672	3,799	3,829	3,664
Profit before tax	2,942	5,169	6,908	9,811	10,396	7,703	15,435	7,241	12,564	16,067	9,708	16,459
Tax %	37.1%	35.1%	31.1%	33.1%	9.1%	20.1%	20.1%	23.1%	21.1%	23.1%	22.1%	—
Exceptional items	−9.96	134	−12.96	−159	22.90	2.99	4.98	−10.96	−17.95	2,998	2.99	0.00
Net Profit	1,870	3,366	4,798	6,537	9,492	6,132	12,277	5,580	9,877	12,426	7,562	12,578
EPS (Rs)	2.77	4.99	7.10	9.69	13.94	9.22	18.41	8.55	15.07	18.95	11.54	19.25
Dividend payout %	37.1%	56.1%	43.1%	25.1%	31.1%	36.0%	36.1%	59.1%	37.1%	40.1%	48.1%	—

GAIL (India) balance sheet

₹ crore, at each year end.

GAIL (India) Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,272	1,272	1,697	2,260	2,259	4,522	4,451	4,454	6,589	6,589	6,593	6,587
Reserves	32,804	35,184	37,645	39,458	43,813	44,815	48,756	59,717	58,386	70,445	78,521	82,513
Borrowings	18,337	9,085	6,574	3,887	2,231	6,938	7,899	9,244	17,882	21,875	21,650	24,914
Other Liabilities	17,438	13,673	12,493	15,874	20,296	18,834	20,047	23,366	25,182	26,060	26,703	26,778
Total Liabilities	69,851	59,214	58,407	61,480	68,598	75,109	81,153	96,781	1,08,039	1,24,970	1,33,468	1,40,793
Fixed Assets	34,068	30,041	30,163	30,556	32,810	38,340	41,247	44,706	49,834	55,349	58,964	68,825
CWIP	13,847	3,700	4,142	5,960	9,772	11,705	13,438	15,535	16,693	23,706	27,528	24,140
Investments	1,269	9,827	10,101	10,428	10,690	9,871	13,015	16,355	17,205	21,844	22,724	26,151
Other Assets	20,667	15,644	14,001	14,535	15,327	15,192	13,454	20,185	24,307	24,070	24,253	21,677
Inventories	2,380	1,645	1,731	1,952	2,523	3,208	3,015	3,603	5,946	5,991	6,287	5,190
Trade receivables	3,206	2,720	2,750	3,426	4,358	4,818	3,502	7,442	10,679	9,575	10,423	8,605
Cash & equivalents	1,555	1,839	1,417	2,851	1,420	1,247	2,019	2,798	1,100	1,708	2,713	2,120
Total Assets	69,851	59,214	58,407	61,480	68,598	75,109	81,153	96,781	1,08,039	1,24,970	1,33,468	1,40,793

GAIL (India) cash flow

₹ crore, for each year.

GAIL (India) Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	4,227	3,967	6,043	8,795	8,005	8,370	9,015	9,450	3,213	12,615	15,759	11,274
Cash from investing activity	−2,808	−903	−334	−2,659	−5,699	−8,298	−4,640	−5,486	−7,448	−8,223	−6,614	−8,848
Cash from financing activity	−3,056	−3,026	−5,274	−5,246	−3,362	281	−3,470	−3,914	2,969	−3,457	−8,940	−2,750
Net cash flow	−1,656	29.02	416	859	−1,082	328	884	13.02	−1,277	903	171	−358
Capex	2,895	1,465	2,046	3,408	7,810	9,287	5,707	6,989	8,846	12,531	7,934	8,825
Free cash flow	1,496	2,497	4,021	5,358	443	−889	3,306	2,475	−5,543	97.85	7,805	2,447
CFO / OP %	93.0%	103.0%	120.0%	130.0%	102.0%	121.0%	142.0%	84.0%	64.0%	111.0%	118.0%	113.0%

GAIL (India) ratios

Working-capital days and returns, by year.

GAIL (India) Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	18	18	20	22	20	23	21	28	26	25	26	21
Inventory days	19	15	18	18	17	22	26	20	18	21	21	17
Days payable	25	24	26	34	23	24	36	27	19	21	23	18
Cash conversion cycle	13	9	12	7	14	21	11	21	24	25	23	20
Working capital days	−11	−16	−9	−23	−4	−9	−23	−5	−5	−7	−6	−13
ROCE %	10.0%	8.0%	12.0%	16.0%	22.0%	20.0%	13.0%	23.0%	10.0%	15.0%	14.0%	10.0%

GAIL (India): frequently asked questions

What are the latest quarterly results of GAIL (India)?

For the Sep 2026 quarter, GAIL (India) reported sales of ₹47,095 Cr, up 32.5% year on year and net profit of ₹4,714 Cr, up 137.4% year on year. The operating margin was 14.9%.

What is the annual revenue of GAIL (India)?

GAIL (India)'s sales for the year to Mar 2026 were ₹1.41 L Cr; over the last twelve months they were ₹1.59 L Cr.

What is the net profit of GAIL (India)?

Net profit for the year to Mar 2026 was ₹7,562 Cr, and ₹12,578 Cr over the last twelve months. Earnings per share over the same trailing period were ₹19.25.

How much debt does GAIL (India) have?

GAIL (India) reported borrowings of ₹24,914 Cr at Mar 2026, against cash and equivalents of ₹2,120 Cr.

What is the free cash flow of GAIL (India)?

Cash from operations was ₹11,274 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2,447 Cr.

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